Bond Documents. Lessee shall not enter into any Bond Documents without the prior written consent of the Lessor if such Bond Documents: (i) impose any obligations or covenants upon Lessor or the Participants (including, without limitation, any payment or indemnity obligations), (ii) impair in any material respect Lessor’s or the Administrative Agent’s rights to the Leased Property or access to the Leased Property or (iii) result in any transfer of title or any interest in the Leased Property or risk of forfeiture of the Leased Property, other than Permitted Liens.
Appears in 3 contracts
Sources: Amended and Restated Lease, Leasehold Deed to Secure Debt and Security Agreement (Norfolk Southern Corp), Lease Agreement, Lease Agreement (Norfolk Southern Corp)
Bond Documents. Lessee shall not enter into any Bond Documents without the prior written consent of the Lessor if such Bond Documents: (i) impose any obligations or covenants upon Lessor or the Participants (including, without limitation, any payment or indemnity obligations), (ii) impair in any material respect Lessor’s or the Administrative Agent’s rights to the Leased Property or access to the Leased Property or (iii) result in any transfer of title or any interest in the Leased Property or risk of forfeiture of the Leased Property, other than Permitted Liens.. ARTICLE IX
Appears in 1 contract
Sources: Lease Agreement